Trading on Tuesday ended with the market declining after the volume of shares traded plunged 99 percent bellows Monday levels as the value nosedived by a similar percentage at the close of the US dollar market of the Jamaica Stock Exchange.
Similar to trading on Monday, five securities traded, with one rising, three declining and one remaining unchanged. The JSE USD Equity Index slipped 0.61 points to end at 184.41.
The PE Ratio, a measure that computes an appropriate stock value, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Just 14,874 shares traded for US$1,480, plunging from 2,078,672 units at US$107,586 on Monday.
Trading averaged 2,975 units at US$296, compared to 415,734 shares at US$21,517 on Monday. For the month to date, trading averages 126,980 units at US$9,807 in contrast to 136,375 units at US$10,528 on Monday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital investors traded 3,899 shares at 8 US cents, Margaritaville popped 0.97 o a cent in closing at 9.99 US cents, with 1,000 stock units changing hands, Proven Investments declined 0.65 of a cent to 24.05 US cents in switching ownership of 2,902 units. Sterling Investments fell 0.15 of a cent and ended at 2.15 US cents with the swapping of 5,000 stock units and Sygnus Credit Investments lost 1.79 US cents to end at 12.2 US cents trading 2,073 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 2,078,672 shares traded, for US$107,586 compared to 267,463 units at US$9,495 on Friday.
At the close, First Rock Capital traded 6,577 shares at 8 US cents, Proven Investments rose 0.7 of a cent to 24.7 US cents with investors switching ownership of 394,370 units, Sygnus Credit Investments settled at 13.99 US cents with the transfer of 2,021 stocks and Transjamaican Highway rose 0.05 of a cent to 0.80 US cents, with 1,675,649 shares crossing the exchange.
Trading ended with five securities changing hands, compared to four on Thursday with prices of one stock rising, two declining and two remaining unchanged.
At the close, First Rock Capital settled at 8 US cents with investors switching ownership of 11,506 shares, Proven Investments remained at 24 US cents with a transfer of 29,711 units and Transjamaican Highway dropped 0.11 of a cent to end at a 52 weeks’ low of 0.70 US cents, with 1,159,741 stocks crossing the exchange.
Trading ended with four securities changing hands, compared to six on Tuesday, with the prices of one stock declining, none rising and three remaining unchanged.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital closed at 8 US cents while trading 925 shares, Margaritaville closed at 9.2 US cents after exchanging 30,890 units, Productive Business Solutions dipped 0.01 of a cent to end at 80 US cents in switching ownership of 54 stocks. Proven Investments remained at 24 US cents, with 530,672 units crossing the market and Transjamaican Highway gained 0.11 of a cent to end at 0.81 US cents with the swapping of 3,802 stock units.
The JSE USD Equity Index lost 1.98 points to end the day lower than the start of 2021 at 185.01 as all of the 2021 gains are wiped out. The PE Ratio, a measure that computes an appropriate value for a stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
First Rock Capital shed 0.89 of a cent to end at 8 US cents after exchanging 18 shares, Proven Investments lost 0.48 of a cent to end at 24 US cents, with 14,749 shares changing hands, Sterling Investments popped 0.43 of a cent to 2.3 US cents, with 35 stocks clearing the market. Sygnus Credit Investments ending at 14.45 US cents after trading 3,000 stock units and Transjamaican Highway lost 0.01 of a cent to close at 0.7 of a US cent, with 400,000 stock units changing hands.
First Rock Capital dipped 0.11 of a cent to finish at 8.89 US cents with 1,860 shares passing through the market, Margaritaville remained at 9.2 US cents with an exchange of just one unit, Proven Investments gained 0.38 of a cent to end at 24.48 US cents with 1,010,948 stocks changing hands. Sterling Investments fell 0.03 of a cent to 1.87 US cents with 110,000 stock units traded, Sygnus Credit Investments rose 1.45 cents to 14.45 US cents with a transfer of 2,000 shares and Transjamaican Highway declined 0.11 of a cent to a 52 weeks’ low of 0.71 US cents with 1,809,928 units crossing the exchange.
Trading ended with five securities changing hands, compared to four on Wednesday with the price of one rising, three declining and one remaining unchanged.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
but the market index recovered some of the losses suffered on the previous trading day at the close of the Jamaica Stock Exchange USD market.
At the close, First Rock Capital slipped 0.1 of a cent to 8.4 US cents with an exchange of 606 shares, Margaritaville ended at 9.2 US cents with 5,040 stocks traded, Proven Investments fell half a cent to 24.5 US cents with 56,472 units changing hands and Transjamaican Highway rallied 0.12 of a cent to 0.82 US cents with 68,500 shares crossing the exchange.